The Rangarajan Committee?s proposal to double the domestic natural gas price will give major relief to ONGC, which has been…
The public sector Indian Oil Corporation has constantly seen an erosion in profitability for the past few years while the…
The fertiliser ministry has opposed Reliance Industries’ demand for hiking the KG-D6 gas price in line with the Asian LNG…
The coming Union Budget may bring some relief for upstream oil companies ONGC and OIL, which have to burden the…
Close on the heels of the government rejecting the standing committee on finance’s decision to keep 26% FDI cap in…
It was in June 2010 when the Centre took the bold step of deregulating the price of petrol and linking…
ONGC Videsh (OVL), the overseas arm of Oil & Natural Gas Corporation, seems to have burnt its fingers over the…
Traders not in favour of stocking premium fuels as sales decline because of high price differential.
After the price sensitive Indian consumer virtually stopped using branded petrol and diesel, even the government conceded that sale of…
Following ONGC’s recent successes in picking up stakes in foreign countries, the state-run IOC has stepped up its overseas initiatives…
State-owned oil marketing companies, such as Indian Oil, Bharat Petroleum and Hindustan Petroleum, which enjoy monopoly in the aviation turbine…
The Centre will not compensate the oil marketing companies for the losses they incur on account of selling non-subsidised domestic…
Never do private-sector players fail to sense the opportunities thrown up by the unshackling of state control on markets.
Reliance Industries, India?s largest private sector oil and gas company, plans to expand capacity at its twin refineries in Jamnagar,…
Stepping up the gas on coal production, the government proposes to allow companies exploring coal bed methane to simultaneously mine…
In a bid to protect its revenue stream and maintain margins while fulfilling its obligations to supply higher level of…
The country?s largest private oil and gas explorer, Reliance Industries, signed a 15-year oil supply contract with Venezuela?s state oil…
Despite the renewed push to reform proposals, the government has reconciled to the fact that it has limited window before…
